The most popular articles of the week.
A bulk carrier experienced a blackout while transiting the Suez Canal on October 4, GAC said, referring to the information provided by the Suez Canal Authority. As explained, the blackout occurred at about 12.09 hours local time. The unnamed bulker was the sixteenth in the southbound convoy, accordi
Russian president Vladimir Putin is not ruling out a possible further extension of the agreement between OPEC and Non-Opec nations to cut oil production once the deal expires in March 2018. In a speech on Wednesday, during the Russian Energy Week event, Putin said that the deal Russia, other countri
After a three-year-long closure due to the military conflict in the country, Libya’s Port of Benghazi reopened on October 1, 2017. The port opening was marked with the arrival of an oil tanker from Tobruk with Abdullah al-Thinni, the Prime Minister of a government based in the east, on board the shi
Russian giant Gazprom signed a memorandum of understanding with Delek Drilling to jointly examine the possibilities of using natural gas as a fuel for vehicles in Israel.
Three seafarers lost their lives onboard a cargo ship anchored at the Port of Sohar on September 30, Oman’s Public Authority for Civil Defence and Ambulance (PACDA) informed. The men, all of them Asian nationals, died from inhaling wood-preserving chemicals inside the unnamed ship, PACDA posted on F
The most popular articles of the week.
“The maritime sector, which includes shipping, ports and the people that operate them, can and should play a significant role helping member states to create conditions for increased employment, prosperity and stability ashore through promoting trade by sea; enhancing the port and maritime sector as
Noble Energy has restarted gas production from the Tamar gas field offshore Israel following last week’s shutdown. As previously reported, Noble Energy had discovered a crack on a pipe aboard the Tamar gas platform in the Mediterranean. The exhaust pipe in question is used to release natural gas and
Container shipping lines are increasing their share of the seaborne reefer market and are forecast to accelerate their assault over the coming years, taking 85 percent by 2021, according to Drewry shipping consultancy. Based on the forecast, the modal split between reefer containerships and speciali
Shipping confidence reached its highest rating in the past three years in the three months to end-August 2017, according to the latest Shipping Confidence Survey from Moore Stephens. The average confidence level expressed by respondents to the survey was up slightly from the 6.1 out of 10.0 recorded
OPEC and Non-OPEC countries which have participated in voluntary production cuts since late 2016, have in August achieved the highest level of conformity, according to the the Joint OPEC-Non-OPEC Ministerial Monitoring Committee (JMMC). To remind, in December 2016 eleven (now 10) non-OPEC oil produc
UK-based energy giant and LNG player, BP started production from the Khazzan gas field in Oman.
Offshore vessel provider Mermaid Maritime has landed a $96 million contract extension in the Middle East with what it described as a “reputable oil major client.” The extension has been awarded to a joint venture company formed between Mermaid Maritime and a local offshore services operator. While t
